Mclaren Health Care Corporation

Grand Blanc, MI Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
13,220Participants-21% vs. prior year
$31.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 27Health care in MIBy participants

Overview

Mclaren Health Care Corporation sponsors a self-funded health plan that covered 13,220 participants in plan year 2025, down 21% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
13,220 · prior year 16,791
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mclaren Health Care Employee Benefit Plan, plan 520 (13,220 participants); Mclaren Health Care Retiree Benefit Plan, plan 525 (732 participants)
Broker compensation
$1.6M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability15,726$7.3M$405K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital10,054$3.6M$820K
American Heritage Life Insurance CompanyLife967$813K$400K
ComPsych CorporationEmployee Assistance Program16,966$243K—

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$31.3M/ year

Estimated prescription spend: 13,220 participants × $2,371 national average per member. Usually higher once dependents are counted.

$815K–$2.0M/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$238K–$596K
Lower-cost therapeutic alternatives$348K–$727K
Generic pricing vs. actual cost$150K–$451K
PBM contract terms$78K–$235K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Mclaren Health Care Corporation
Sponsor EIN
38-2397643
Plan numbers
520, 525
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2397643 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mclaren Employees' 403(b) Retirement Plan
Type
401(k) plan
Participants
23,845

About this data

Source: Mclaren Health Care Corporation's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Mclaren Health Care Corporation.

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